CAPM (Certified Associate in Project Management) Practice Exam

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What does managing multiple suppliers involve according to the procurement management plan?

  1. Scheduling team meetings

  2. Analyzing project risks

  3. Coordinating procurement with other project aspects

  4. Updating the project charter

The correct answer is: Coordinating procurement with other project aspects

Managing multiple suppliers involves coordinating procurement with other project aspects according to the procurement management plan. This is essential to ensure that the activities related to procurement are aligned with the overall project goals and timeline. By coordinating procurement with other project aspects, project managers can avoid delays, conflicts, and disruptions that may impact project delivery timelines and success. Therefore, option C is the correct choice as it directly addresses the key aspect of managing multiple suppliers in a project setting.